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Scilex Holding Co's cost of goods sold for the three months ended in Mar. 2024 was $3.84 Mil. Its cost of goods sold for the trailing twelve months (TTM) ended in Mar. 2024 was $15.93 Mil.
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Scilex Holding Co's Gross Margin % for the three months ended in Mar. 2024 was 64.72%.
Cost of Goods Sold is also directly linked to Inventory Turnover. Scilex Holding Co's Inventory Turnover for the three months ended in Mar. 2024 was 1.00.
The historical data trend for Scilex Holding Co's Cost of Goods Sold can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Scilex Holding Co Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Cost of Goods Sold | 5.80 | 2.15 | 3.63 | 10.80 | 15.68 |
Scilex Holding Co Quarterly Data | ||||||||||||
Dec19 | Dec20 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Cost of Goods Sold | Get a 7-Day Free Trial | 3.59 | 4.18 | 3.39 | 4.52 | 3.84 |
Cost of Goods Sold is the aggregate cost of goods produced and sold, and services rendered during the reporting period. It excludes Total Operating Expense, such as Depreciation, Depletion and Amortization and Selling, General, & Admin. Expense.
Cost of Goods Sold for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $15.93 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Scilex Holding Co (NAS:SCLX) Cost of Goods Sold Explanation
Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.
Scilex Holding Co's Gross Margin % for the three months ended in Mar. 2024 is calculated as:
Gross Margin % | = | (Revenue | - | Cost of Goods Sold) | / | Revenue |
= | (10.884 | - | 3.84) | / | 10.884 | |
= | 64.72 % |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.
Cost of Goods Sold is also directly linked to another concept called Inventory Turnover:
Scilex Holding Co's Inventory Turnover for the three months ended in Mar. 2024 is calculated as:
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 3.84 | / | 3.85 | |
= | 1.00 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Inventory Turnover measures how fast the company turns over its inventory within a year. A higher inventory turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.
Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate inventory turnover. An average inventory is a better indication.
Thank you for viewing the detailed overview of Scilex Holding Co's Cost of Goods Sold provided by GuruFocus.com. Please click on the following links to see related term pages.
Sclx Stock Acquisition Jv Llc | 10 percent owner | 960 SAN ANTONIO ROAD, PALO ALTO CA 94303 |
Jay Chun | director | C/O SCILEX HOLDING COMPANY, 960 SAN ANTONIO ROAD, PALO ALTO CA 94303 |
Yue Alexander Wu | director | C/O SORRENTO THERAPEUTICS, INC., 9380 JUDICIAL DRIVE, SAN DIEGO CA 92121 |
Stephen Hoi Ma | officer: Chief Financial Officer | C/O SCILEX HOLDING COMPANY, 960 SAN ANTONIO ROAD, PALO ALTO CA 94303 |
Tommy G Thompson | director | 7711 CARONDELET, ST. LOUIS MO 63105 |
Tien-li Lee | director | C/O SCILEX HOLDING COMPANY, 960 SAN ANTONIO ROAD, PALO ALTO CA 94303 |
Sorrento Therapeutics, Inc. | 10 percent owner | 4955 DIRECTORS PLACE, SAN DIEGO CA 92121 |
David Lemus | director | C/O SORRENTO THERAPEUTICS, INC., 4955 DIRECTOR'S PLACE, SAN DIEGO CA 92121 |
Dorman Followwill | director | C/O SORRENTO THERAPEUTICS, INC., 4955 DIRECTOR'S PLACE, SAN DIEGO CA 92121 |
Henry Ji | director, officer: Executive Chairperson | 5370 RUETTE DE MER, SAN DIEGO CA 92130 |
Jaisim Shah | director, officer: See Remarks | C/O PROTINE DESIGN LAB, 37481 MARSTEN DR, NEWARK CA 94560 |
Elizabeth Czerepak | officer: See Remarks | 201 ROUTE 17 NORTH, RUTHERFORD NJ 07070 |
Laura Hamill | director | 333 LAKESIDE DRIVE, FOSTER CITY CA 94404 |
Suneel G Kaji | director | 25/28 OLD BURLINGTON STREET, LONDON X0 W1S 3AN |
Steve Myint | director | C/O VICKERS VANTAGE CORP. I, 1 HARBOURFRONT AVENUE, #16-06, SINGAPORE U0 098632 |
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